Bonus Bid definition

Bonus Bid means a bonus bid described in Section 103(1)(d) of the Act; “Bonus Offer” means a bonus offer described in Section 103(2) of the Act;
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Bonus Bid means a bonus bid described in section 103(1)(d) of the Act;
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Bonus Bid means a bid
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Examples of Bonus Bid in a sentence

  • Each bid must include a bid deposit equal to or greater than the Minimum Bid Deposit, which is 20% of the Estimated Bonus Bid being offered for the tract.

  • Bidders are required to use the Estimated Acreage for the specified Lease Sale Tract listed on Attachment A for the purposes of calculating Estimated Bonus Bid.

  • Bidders are required to use the Estimated Acreage for the specified Lease Sale Tract listed on Attachment A for the purposes of calculating Total Estimated Bonus Bid.

  • Make checks and money orders payable to the "Department of Natural Resources, State of Alaska." Minimum Bid Deposit calculations that result in sums containing fractions of less than one dollar should be rounded up to the nearest whole dollar in order to ensure that a minimum of 20% of the Total Estimated Bonus Bid is tendered.

  • Each bid must include a bid deposit equal to or greater than the Minimum Bid Deposit, which is 20% of the Total Estimated Bonus Bid being offered for the tract.

  • Make checks and money orders payable to the "Department of Natural Resources, State of Alaska." The recommended Minimum Bid Deposit amount after rounding up to the nearest whole dollar is $9,704.00.Minimum Bid Deposit calculations that result in sums containing fractions of less than one dollar should be rounded up to the nearest whole dollar to ensure that a minimum of 20% of the Estimated Bonus Bid is tendered.

  • Use the Total Acreage for the Block listed on Attachment A for the purposes of calculating Estimated Bonus Bid.

  • The Supplier may not, wholly or partially, suspend, cancel or withdraw the provision of the Goods and/or Services or terminate these Terms or an Order if an invoice is disputed.

  • Bonus Bid Deposit for Apparent High BidsEach bidder submitting an apparent high bid must submit a bonus bid deposit to the U.S. Department of the Interior’s Office of Natural Resources Revenue (ONRR) equal to one-fifth of the bonus bid amount for each such bid.

  • Bonus Bid Deposit for Apparent High Bids Each bidder submitting an apparent high bid must submit a bonus bid deposit to the Office of Natural Resources Revenue (ONRR) equal to one-fifth of the bonus bid amount for each such bid.


More Definitions of Bonus Bid

Bonus Bid means the dollar amount offered, to be paid one time only, over and above the periodic rent or the share of the crop.
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Bonus Bid means a payment by the buyer to the lessor at the time of sale as part of the consideration for acquisition of an oil and gas lease.
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Bonus Bid means a bonus bid described in section 103(1)(d) of the Act, “Bonus Offer” means a bonus offer described in section 103(2) of the Act, “Chipped” means having been cut into small pieces by a chipper,
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Bonus Bid means a payment by the buyer to the lessor at the time of sale as part of the consideration for acquisition of a metallic minerals lease.
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Related to Bonus Bid

  • Target Bonus has the meaning described in Section 4(b).

  • Payout means that time at which cash distributions have been made by the Limited Partnership to the Unit Holders (together with their predecessors in interest) pursuant to Section 5.1 of the Limited Partnership Agreement (together with any distributions to such Unit Holders pursuant to Section 3.3 of the Limited Partnership Agreement), in an aggregate amount equal to the Unit Holders' Subscriptions to the Limited Partnership.

  • Bonus means the bonus described in the Section 2.3.

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

  • Cash Incentive Award means a cash award granted pursuant to Section 8 of this Plan.

  • Bonus Payment means a cash payment in an amount equal to the sum of (i) all Excise Taxes payable by the Executive, plus (ii) all additional Excise Taxes and federal or state income taxes to the extent such taxes are imposed in respect of the Bonus Payment, such that the Executive shall be in the same after-tax position and shall have received the same benefits that he would have received if the Excise Taxes had not been imposed. For purposes of calculating any income taxes attributable to the Bonus Payment, the Executive shall be deemed for all purposes to be paying income taxes at the highest marginal federal income tax rate, taking into account any applicable surtaxes and other generally applicable taxes which have the effect of increasing the marginal federal income tax rate and, if applicable, at the highest marginal state income tax rate, to which the Bonus Payment and the Executive are subject. An example of the calculation of the Bonus Payment is set forth below. Assume that the Excise Tax rate is 20%, the highest federal marginal income tax rate is 40% and the Executive is not subject to state income taxes. Further assume that the Executive has received an excess parachute payment in the amount of $200,000, on which $40,000 ($200,000 x 20%) in Excise Taxes are payable. The amount of the required Bonus Payment is thus computed to be $100,000, i.e., the Bonus Payment of $100,000, less additional Excise Taxes on the Bonus Payment of $20,000 (i.e., 20% x $100,000) and income taxes of $40,000 (i.e., 40% x $100,000), yields $40,000, the amount of the Excise Taxes payable in respect of the original excess parachute payment.

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.